Lomé - Union Togolaise de Banque

city Lomé
RESOLUTION OF BOARD OF DIRECTORS 30.10.1963
OPENING 1964
CLOSING 06.1994
description

Fourth commercial bank in the State, Union Togolaise de Banque was a joint stock company incorporated in Togo, which in 1964 5took over from the Togo branch of the nationalized Franch Crédit Lyonnais. Its capital of 130 million CFA francs was divided between the Republic of Togo (35 per cent), the parent bank Crédit Lyonnais (35 per cent), the Deutsche Bank (18 per cent) and the Banca Commerciale Italiana (15 per cent). This pattern of mixed domestic and foreign shareholders was common to all the former branches of the Crédit Lyonnais in the countries of French-speaking Africa. The Union Togolaise de Banque had three permanent branches (at Lomè, Atakpamé and Palimè) and one non-permanent branch (at Lomè-Port). In 1994 the stakes of BCI was transferred to Republic of Togo.

BIBLIOGRAPHY

ASI-BCI, VCA; October 30, 1963; vol. 42, pp. 259-260
ASI-BCI, VCA; October 19, 1964; vol. 44, p. 74
ASI-BCI, VCA; September 20, 1967; vol. 47, p. 295
ASI-BCI, VCA; October 2, 1968; vol. 48, p. 285
ASI-BCI, VCA; March 29, 1983; vol. 59, pp. 245-246
ASI-BCI, SE, UTB

other banks in the same country Dakar - Union Sénegalaise de Banque Libreville - Union Gabonaise de Banque Abidjan - Société Ivoirienne de Banque Brazzaville - Banque Commerciale Congolaise Cotonou - Société Dahoméenne de Banque Kinshasa - Société Financière de Développement (SOFIDE) N'Djaména - Banque Tchadienne de Crédit et de Dépôts Yaoundé - Société Camérounaise de Banque
see in the map